Last DSIRE Review: 01/30/2013
Program Overview:
| State: |
Oregon |
| Incentive Type: |
Corporate Tax Credit |
| Eligible Efficiency Technologies: |
Water Heaters, Chillers , Furnaces , Boilers, Heat pumps, Central Air conditioners, Compressed air, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Siding, Roofs, Processing and Manufacturing Equipment, Agricultural Equipment, Comprehensive Measures/Whole Building, Custom/Others pending approval, Unspecified Technologies, Cool Roofs, LED Lighting |
| Eligible Renewable/Other Technologies: |
Solar Water Heat |
| Applicable Sectors: |
Commercial, Industrial, Schools, Local Government, State Government, Tribal Government, Agricultural, Institutional |
| Amount: | Varies by solicitation |
| Maximum Incentive: | 35% of qualifying project costs
The sum of all incentives, grants, credits, or other public funds may not exceed total project costs |
| Eligible System Size: | Projects must cost less than $20,000 |
| Equipment Requirements: | First year energy savings must yield a simple payback period of greater than 3 years. |
| Start Date: | 2011 |
| Web Site: |
http://www.oregon.gov/energy/BUSINESS/Incentives/Pages/EIP-SPP.as...
|
Authority 1:
Date Enacted:
Date Effective:
|
H.B. 3672
8/5/2011
9/29/2011
|
Authority 2:
Date Enacted:
Date Effective:
|
H.B. 4079
3/16/2012
6/4/2012
|
Authority 3:
|
OAR 330-210-0000 to 330-210-0150
|
Authority 4:
|
ORS ยง 469B
|
Summary:
The Oregon Department of Energy periodically releases Opportunity Announcements for tax credits for energy conservation projects. Energy conservation projects include projects with investments for which the first year energy savings yields a simple payback period of greater than three years. Projects with a total cost of less than $20,000 may qualify for the Small Premium Projects program; larger projects can apply for the Competitively-Selected Projects program. Projects must intent to begin construction within 12 months of the award. Tax incentive amounts vary with each Opportunity Announcement, but may not exceed 35% of project costs. Possible types of technologies may include:
- Adjustable flow irrigation pumping
- Agricultural irrigation system improvement
- Boiler-bent dampers
- Building envelope thermal improvement
- Compressed air systems components
- Direct-fired radiant heating in high volume space
- Ductless heat pumps with variable refrigerant flow
- Energy improvements to commercial greenhouses
- High performance homebuilding
- Heat pump service hot water heating
- Industrial piping insulation
- LED outdoor lighting
- Premium efficiency electric air conditioning equipment
- Solar thermal water heating
Qualifying project costs include:
- Project components
- Fees to design or engineer the project
- Title searches, escrow fees, permits, licenses
- Materials and supplies needed for erection, construction, installation and acquisition of the project
- Work performed by employees or contractors that meet certain requirements
- Certain legal fees related to the development of the project
Check the program web site for information regarding current solicitations, requirements, and application materials. |
